REG - Nichols PLC - Grant of SAYE Options and PDMR Dealings

NicholsAnnouncement

Tue 15:15

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RNS Number : 6775G  Nichols PLC  29 April 2025

29 April 2025

Nichols plc

(the "Company" or "Group')

Grant of SAYE Options and PDMR Dealings

Nichols plc, the diversified soft drinks Group, announces that it has launched
two 2025 Save As You Earn Schemes (the "2025 SAYE Scheme") for all eligible
employees, one offering saving plans over 3 years, the other 5 years.

Eligible employees were invited to subscribe for options ("Options") over the
Company's ordinary shares of 10p each in the Company ("Ordinary Shares") which
have been granted on 29 April 2025 at an exercise price of 1,027 pence in
accordance with the terms of the 2025 SAYE Scheme. This represents a discount
of 20% from the average mid-market closing price for an Ordinary Share on the
3 business days from Monday 31 March 2025 to Wednesday 2 April 2025 prior to
the invitation made to all eligible employees on Friday 4 April 2025. The
Options are exercisable from April 2028 and April 2030 respectively.

A total of 66 employees have participated in the scheme and 24,953 Options
have been granted representing 0.07% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibility ("PDMRs") have
chosen to participate in the 2025 SAYE Scheme:

 

PDMR                           Title
                Number of Options Granted

Gary Brookes               Supply Chain and Sustainability
Director                716

Rachel Armer               People Director
                                           716

 

 

 

 

 

Enquiries:

 Nichols plc                                             0192 522 2222

 Andrew Milne, Chief Executive Officer

 David Taylor, Interim Finance Director

 Singer Capital Markets (Nominated adviser and broker)   0207 496 3000

 Jen Boorer                                              Website: www.singercm.com (http://www.singercm.com)

 Tom Salvesen

 Oliver Platts

 Berenberg (Joint Broker)                                0203 207 7800

 Clayton Bush

 Alix Mecklenburg-Solodkoff                              Website: www.berenberg.de (http://www.berenberg.de)

 Hudson Sandler (Financial PR)                           0207 796 4133

 Alex Brennan

 Hattie Dreyfus                                          Email: nichols@hudsonsandler.com (mailto:nichols@hudsonsandler.com)

 Harry Griffiths

 

 

Notes to Editors

Established in 1908, Nichols operates within the resilient soft drinks
category and owns or licenses several brands. Nichols is geographically and
operationally diversified, operating across three routes to market
of UK Packaged, International Packaged and Out of Home.

In the UK, Nichols operates across five soft drinks sub-categories: squash,
flavoured carbonates, fruit drinks, energy and flavoured water. Nichols'
portfolio includes the iconic Vimto brand plus a growing portfolio of licensed
brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.

Under its asset-light model, Vimto is prominent in areas such as the Middle
East and Africa and is enjoyed in over 60 countries worldwide.

For more information, visit the website: https://www.nicholsplc.co.uk/
(https://www.nicholsplc.co.uk/)

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Gary Brookes
 2     Reason for the notification
 a)    Position/status                                              Supply Chain and Sustainability Director
 b)    Initial notification /Amendment                              Initial Notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Nichols plc
 b)    LEI                                                          213800EF5CMR3K8PND54
 4     Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the financial instrument, type of instrument  Ordinary Shares of 10p each

       Identification code                                          ISIN Code: GB0006389398
 b)    Nature of the transaction                                    Grant of options under the 2025 Save as You Earn (SAYE) scheme.

                                                                    3-year savings plan.
 c)    Price(s) and volume(s)
                                                                                      Price(s)          Volume(s)
                                                                                      1027 pence        716

 d)    Aggregated information
       - Aggregated volume                                          N/A - single transaction
       - Price
 e)    Date of the transaction                                      29 April 2025
 f)    Place of the transaction                                     Outside a trading venue
 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Rachel Armer
 2     Reason for the notification
 a)    Position/status                                              People Director
 b)    Initial notification /Amendment                              Initial Notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Nichols plc
 b)    LEI                                                          213800EF5CMR3K8PND54
 4     Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a)    Description of the financial instrument, type of instrument  Ordinary Shares of 10p each

       Identification code                                          ISIN Code: GB0006389398
 b)    Nature of the transaction                                    Grant of options under the 2025 Save as You Earn (SAYE) scheme.

                                                                    3-year savings plan.
 c)    Price(s) and volume(s)
                                                                                      Price(s)          Volume(s)
                                                                                      1027 pence        716

 d)    Aggregated information
       - Aggregated volume                                          N/A - single transaction
       - Price
 e)    Date of the transaction                                      29 April 2025
 f)    Place of the transaction                                     Outside a trading venue

 

 

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